Four Local Complexes Trade for $413M; Falling Per-Unit …
After a slow start to 2023, Orange County’s multifamily market is seeing more interest from investors, who paid a combined $413 million across four separate deals in Laguna Niguel, Santa Ana, Huntington Beach and Placentia the past month.
TruAmerica Grows Apartment Portfolio in California’s …
Santa Ana Acquisition Among Region’s Largest Multifamily Deals of Past Year
TruAmerica, PCCP JV acquires apartment complex in Santa …
TruAmerica Multifamily announced the acquisition of Nineteen01, a 264-unit apartment asset in Santa Ana, Calif., for $102.9 million. The class A property, which was acquired in partnership with PCCP, at a significant discount to replacement cost, includes a three- and five-story wrap building that was developed in 2016.
TruAmerica Acquires SoCal Community for $103M
TruAmerica Multifamily has acquired Nineteen01, an apartment community in Santa Ana, Calif., for $102.9 million, in partnership with PCCP. The project was completed in 2016.